Sequoia is leading a $ 450 million investment in the Polygon blockchain

Sequoia is leading a $ 450 million investment in the Polygon blockchain

The logo of the cryptocurrency network Polygon. Jakub Porzycki | NurPhoto via Getty Images Sequoia Capital is playing catch-up with arch-rival Andreessen Horowitz in the race to invest in what could be the future of the Internet – so-called Web3. The Silicon Valley venture capital firm led a $ 450 million investment in Polygon, a … Read more

Alphabet (GOOGL) earnings for Q4 2021

Alphabet (GOOGL) earnings for Q4 2021

Google’s parent company Alphabet reported better-than-expected fourth-quarter earnings and revenue. Shares rose more than 9% in extended trading. The company also announced a 20-to-1 share split that takes effect in July. Here are the key figures: Earnings per share (EPS): $ 30.69 vs. $ 27.34 expected, according to Refinitive Income: $ 75.33 billion against the … Read more

Lewis Hamilton invests in startup Zapp with fast delivery of groceries

Lewis Hamilton invests in startup Zapp with fast delivery of groceries

A courier for the UK-based fast grocery delivery service Zapp. Zapp LONDON – British Formula 1 driver Lewis Hamilton has supported the launch of Zapp with fast delivery of groceries as part of a major $ 200 million investment in the company. The London-based firm said on Friday it raised the fresh money in a … Read more

Cramer says it is impossible to recommend Chinese shares in a hostile communist regime

Cramer says it is impossible to recommend Chinese shares in a hostile communist regime

CNBC’s Jim Cramer said on Wednesday that he can not recommend investors to buy Chinese shares because the communist government there is a “total wild card”. Chinese President Xi Jinping “does not like capitalism,” Cramer told the “Squawk Box,” saying the leader of the world’s second-largest economy “may be the first totalitarian dictator in a … Read more